Re:Netflix is now worth more than $100B
by hoopladler on Wednesday January 24, 2018 @08:11PM
(#16227936)
I think it's more that, when people sit down and debunk the arguments against high tax rates, the people who believe in supply side economics don't read them. Which in some cases is because they'd rather watch old cowboy movies. In others, it's because they simply don't care. It's an extreme case - but consider what happened to the last accademic economist who tried to use economic arguments against the external imposition of supply side. He was called Yanis Varofakis. They ignored him, the press called him a nut, then they just went ahead with the austerity package.
A: We need to impose 100% tax on the top 10%, to achieve economic growth and lower inequality.
B: This isn't even wrong, this is asinine.
A: Oh, trickle-down much?
Why do this? Naturally, because genuinely debubunking the specific arguments against high tax rates is a lot harder than joking about the bourgeoise that promote TD because of their greed.